P/E ratio for MVB Financial (MVBF)
P/E ratio as of May 2024 (TTM): 7.90
According to MVB Financial's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.90254. At the end of 2022 the company had a P/E ratio of 18.0.
P/E ratio history for MVB Financial from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.0 | 44.32% |
| 2021 | 12.5 | 71.49% |
| 2020 | 7.29 | -33.57% |
| 2019 | 11.0 | -36.71% |
| 2018 | 17.3 | -41.32% |
| 2017 | 29.6 | 232.54% |
| 2016 | 8.89 | -46.4% |
| 2015 | 16.6 | -75.47% |
| 2014 | 67.6 | 127.81% |
| 2013 | 29.7 | 110.15% |
| 2012 | 14.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Capital One COF | 10.6 | 33.80% | 🇺🇸 USA |
 State Street Corporation
STT | 11.2 | 41.34% | 🇺🇸 USA |
 TrustCo Bank TRST | 8.07 | 2.13% | 🇺🇸 USA |
 New York Community Bank
NYCB | 0.9175 | -88.39% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.